Oil & Gas Archives

energy transition

5 months ago

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In focus: Transitioning to low-carbon energy future through green hydrogen corridors

This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure...

5 months ago

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5 months ago

UN chief’s recipe to avert climate disaster: Beefing up renewables while cutting off investment in coal, oil & gas

The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and ...

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Baker Hughes hired for ‘largest hydrocarbon discovery’ offshore Ivory Coast

Baker Hughes has secured a subsea contract with Italian energy giant Eni and its partner Petroci to ...

5 months ago

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More North Sea work lined up for Floatel unit

Floatel International has been awarded a new deal for one of its units, which will work for Vår Ener...

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COSL Drilling to handle three nonconformities on rig

Norwegian offshore safety regulator has carried out an audit of COSL Drilling and its management of ...

5 months ago

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Odfjell tasked with tackling nonconformities on semi-sub rig

Norwegian regulator has carried out an audit of Odfjell’s management of the working environment and ...

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All systems go for Equinor to dispatch AKOFS vessel for well intervention work off Norway

Equinor has received consent from Norway’s regulator to use one of AKOFS Offshore’s well interventio...

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TechnipFMC and Chevron ink 20-year framework agreement

TechnipFMC has signed a 20-year framework agreement with Chevron Australia under which it will provi...

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UK oil & gas firm gleans more insight into Namibian asset’s hydrocarbon prospectivity

Tower Resources has undertaken a basin and thermal maturity study within its operated license PEL 96...

5 months ago

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5 months ago

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Oil & gas with LNG as centrepiece getting a $40 billion slice of Shell’s investment pie

Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, ...

5 months ago

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5 months ago

With peak oil demand in sight, is the end of the black gold era really approaching?

The International Energy Agency (IEA) believes that growth in global oil demand is projected to slow...

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UNDP urged to ensure ‘clean and safe recycling’ of decaying FSO offshore Yemen

Human rights and environmental non-governmental organizations (NGOs) are urging UNDP to ensure the c...

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Woodside and TechnipFMC strike another deal offshore Western Australia

Australia’s energy giant Woodside Energy has awarded TechnipFMC with a contract to deliver fle...

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Seal of approval for Equinor to start drilling activities with Transocean rig

Equinor has received consent from Norway’s regulator to use one of Transocean’s rigs on a block loca...

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Oil flows from second well off Gabon as Borr rig spuds third one

BW Energy has brought on stream the second well in its drilling campaign offshore Gabon while the dr...

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5 months ago

Shell to dish out $10-15 billion in low-carbon energy

Shell has decided to step up its decarbonisation efforts by boosting its low-carbon energy solutions...

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Golden Triangle and Mediterranean to spearhead rise in rig demand

Wood Mackenzie anticipates floating rig demand to skyrocket by a further 20 per cent over the next t...

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Equinor gets the all-clear signal for North Sea drilling ops

Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, usin...

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First LNG project in Western Pacific goes offline as black smoke billows out

An investigation has been launched after black smoke and flaring were seen coming from the liquefied...

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Saudi oil & gas giant taps Weatherford for drilling services

Weatherford International has secured a long-term contract with Saudi Arabia’s Aramco for the provis...

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Aker Solutions set to begin preparatory work for Equinor’s subsea tie-back project

Norway’s state-owned energy giant Equinor has awarded Aker Solutions with a Letter of Award (L...

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TotalEnergies’ fresh oil & gas discovery opens doors for new tie-back off Nigeria

TotalEnergies has made a new oil and gas discovery in a shallow water block offshore Nigeria, which ...

5 months ago

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5 months ago

UK enriches its gas arsenal as another North Sea well comes online

IOG has brought on stream another well, as part of the Saturn Banks Project – Phase 1 in the Souther...

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Well results off Guyana ‘encouraging’ but total cost estimates rise again

CGX Energy and Frontera Energy have drilled to a total depth an exploration well offshore Guyana, wh...

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BW Offshore wraps up divestment of another FPSO

FPSO operator BW Offshore has completed the sale of an FPSO, which is currently working offshore the...

5 months ago

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